Invicro

Boston, United States Founded: 2008 • Age: 18 yrs Acquired By Calyx
Provide contract research imaging services and software
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About Invicro

Invicro is a company based in Boston (United States) founded in 2008 was acquired by Calyx in March 2024.. Invicro has raised $45.84 million across 3 funding rounds from investors including Konica Minolta, Calyx and HHS. The company has 308 employees as of December 31, 2022. Invicro has completed 2 acquisitions, including Imanova and Molecular NeuroImaging. Invicro offers products and services including Imaging Core Lab, eClinical RTSM, Preclinical Imaging, Clinical Adjudication, and Radiochemistry. Invicro operates in a competitive market with competitors including Perspectum, Qure.ai, IXICO, Zebra Medical Vision and Deeptek, among others.

  • Headquarter Boston, United States
  • Employees 308 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $45.84 M (USD)

    in 3 rounds

  • Latest Funding Round
    $394 K (USD), Grant

    Jun 01, 2016

  • Investors
  • Employee Count
    308

    as on Dec 31, 2022

  • Investments & Acquisitions
    Imanova

    & 1 more

  • Acquired by
    Calyx

    & 1 more

    (Mar 25, 2024)

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Products & Services of Invicro

Invicro offers a comprehensive portfolio of products and services, including Imaging Core Lab, eClinical RTSM, Preclinical Imaging, Clinical Adjudication, and Radiochemistry. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Delivers high-quality imaging data for global clinical trials

Manages randomization and supply for efficient clinical studies

Supports imaging study designs in pharmaceutical development

Reviews trial event assessments for accurate outcomes

Radiolabels agents to aid in therapeutic research

People of Invicro
Headcount 50-200
Employee Profiles 19
Board Members and Advisors 2
Employee Profiles
People
Nigel Hickey
Facilities Manager
People
Eugenii Rabiner
EVP & Head, Translational Applications
People
Jane Bartosik
Senior Imaging Center Set Up Specialist
People
Benjamin Murphy
VP, Finance

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Board Members and Advisors
people
Kenneth Marek
Scientific & Medical Advisor
people
John Seibyl
Scientific & Medical Advisor

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Funding Insights of Invicro

Invicro has successfully raised a total of $45.84M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $394 thousand completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $394,005
  • First Round

    (28 May 2012)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Grant - Invicro Valuation

investors

Feb, 2016 Amount Series B - Invicro Valuation

investors

May, 2012 Amount Grant - Invicro Valuation

investors

HHS
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Invicro

Invicro has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Konica Minolta, Calyx and HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
CRO providing imaging services for clinical development
Founded Year Domain Location
Konica Minolta is engaged in providing imaging and printing solutions.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Invicro

Invicro has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Imanova and Molecular NeuroImaging. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
PET and MRI imaging services for drug development are provided.
2011
Company offering specialized imaging services for neurodegenerative and neuropsychiatric disorders
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Invicro

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Invicro Comparisons

Employees
+
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Competitors of Invicro

Invicro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perspectum, Qure.ai, IXICO, Zebra Medical Vision and Deeptek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Precision medicine software for liver disease diagnosis is offered.
domain founded_year HQ Location
AI-powered solutions for medical imaging diagnostics
domain founded_year HQ Location
AI-based medical image management and analysis solutions for healthcare organizations
domain founded_year HQ Location
Provider of AI and SaaS-based medical image based decision support tools
domain founded_year HQ Location
AI-augmented diagnostic tools for radiology imaging are developed.
domain founded_year HQ Location
AI-driven solutions for medical diagnostic imaging are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Invicro

When was Invicro founded?

Invicro was founded in 2008 and raised its 1st funding round 4 years after it was founded.

Where is Invicro located?

Invicro is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Invicro a funded company?

Invicro is a funded company, having raised a total of $45.84M across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.94M, raised on May 28, 2012.

How many employees does Invicro have?

As of Dec 31, 2022, the latest employee count at Invicro is 308.

What does Invicro do?

Invicro was founded in 2008 and is headquartered in Boston, United States. Contract research organization services in medical imaging are offered to pharmaceutical and biotechnology companies throughout the drug development process. Coverage includes all imaging modalities and therapeutic areas such as neurology, oncology, systemic diseases, and rare conditions. Software platforms like VivoQuant, iPACS, and the IQ-Analytics suitewith tools including AmyloidIQ, TauIQ, and DaTIQare also provided for informatics support.

Who are the top competitors of Invicro?

Invicro's top competitors include Perspectum, Qure.ai and Deeptek.

What products or services does Invicro offer?

Invicro offers Imaging Core Lab, eClinical RTSM, Preclinical Imaging, Clinical Adjudication, and Radiochemistry.

How many acquisitions has Invicro made?

Invicro has made 2 acquisitions, including Imanova, and Molecular NeuroImaging.

Who are Invicro's investors?

Invicro has 3 investors. Key investors include Konica Minolta, Calyx, and HHS.

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